CrowdStrike Holdings Inc. Investors: Company Investigated by the Portnoy Law Firm


Investors can contact the law firm at no cost to learn more about recovering their losses

LOS ANGELES, July 23, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises CrowdStrike Holdings, Inc. ("CrowdStrike" or the "Company") (NASDAQ: CRWD) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. CrowdStrike investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

Early in the morning of July 19, 2024, a software outage caused massive disruptions across numerous businesses, including banks, airlines, TV stations, healthcare providers, and hotels. The outage was quickly linked to a software update issued by CrowdStrike on Microsoft Windows systems. In a public statement, CrowdStrike's Chief Executive Officer acknowledged the Company's responsibility for the incident, stating: "We're deeply sorry for the impact that we've caused to customers, to travelers, to anyone affected by this." 

As media outlets reported on the outage, CrowdStrike's stock price fell $38.05 per share, or 11.09%, to close at $305.00 per share on July 19, 2024.

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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

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